Realistically, how long do you think the average investor is prepared to wait for an exploration company to begin mining.
1, 2, 3, 4 or 5 years?
On a point system of 1 to 10 how does that wait translate into impatient levels with 10 being the most impatient?
1, 3, 5, 7 and 9?
So if you consider yourself to be of average patience, forget about a long term investment in a company you think will take more than 3-4 years to commence mining.
Surely blind Freddy will know where I'm coming from. In less than 4 months POZ would have been listed for 2 years, and after an additional 1-2 years the average investor would have lost patience.
If POZ's initial mining commenced with a trucking operation, leading into a slurry pipeline after 2 or 3 years, we could possibly see a mine as early as late next year.
Q. What would be the minimum wait period for the construction a slurry pipeline?
A. +4 years.
2 + 4 = 6 which is way off the impatience scale.
Let's not build investors hopes on a pipe dream!!!!
POZ Price at posting:
17.3¢ Sentiment: Buy Disclosure: Held
